We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Principality BS


Principality BS appear to have increased some of their NLA savings rates some time in August - does anyone please know when this happened?

Their latest rate change leaflet online is still the one from May 2023.  Nothing that I can find on their website about the latest changes.  No email or text notification either.

The increase is appreciated, but it shouldn't be so difficult to find out what it was and from when it applies.

Comments

  • ForumUser7
    ForumUser7 Posts: 2,585 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Section62 said:

    Principality BS appear to have increased some of their NLA savings rates some time in August - does anyone please know when this happened?

    Their latest rate change leaflet online is still the one from May 2023.  Nothing that I can find on their website about the latest changes.  No email or text notification either.

    The increase is appreciated, but it shouldn't be so difficult to find out what it was and from when it applies.
    They tend to increase rates on accounts as and when rather than all at the same time. Which specific account are you asking about?

    I read somewhere on here that someone asked Principality re the rate change leaflet not being up to date, and Principality claimed it was due to a technical error.
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • Section62
    Section62 Posts: 11,027 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Section62 said:

    Principality BS appear to have increased some of their NLA savings rates some time in August - does anyone please know when this happened?

    Their latest rate change leaflet online is still the one from May 2023.  Nothing that I can find on their website about the latest changes.  No email or text notification either.

    The increase is appreciated, but it shouldn't be so difficult to find out what it was and from when it applies.
    They tend to increase rates on accounts as and when rather than all at the same time. Which specific account are you asking about?
    Thanks, its the Maturity Instant Access Savings Account (the default for maturing RS accounts) which has gone up to 3.5% from 3.25%.
    I read somewhere on here that someone asked Principality re the rate change leaflet not being up to date, and Principality claimed it was due to a technical error.
    I think that was me, certainly the same answer I got when I asked them about the last increase and I did post about it here.

    I was hoping someone else may have the answer already for the latest change. Otherwise I'll call them again.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.